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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (9451)	10/24/1997 1:35:00 PM
From: Dennis G.	Read Replies (1) \| Respond to of 70976

Hi Tito. Haven't been in AMAT for quite awhile but I'm holding REAL right now and its getting whacked also. My question is, why does an outfit like UBS seem to have so much more influence on the market than Merrill? It seemed like every fund manager just blindly believed this UBS scenario of big revenue drops from Asia without any actual order evidence. And when Merrill gives it the thumbs up, no one seemed to care. I bet UBS already got its corporate clients out and this downgrade is a classic example of donwgrading at the bottom. Now they can pick it up again for a song. I think they're a bunch of crooks myself. Dennis